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56Chevy

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56Chevy

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Re: chemist72 post# 32304

Monday, 03/11/2019 3:10:51 PM

Monday, March 11, 2019 3:10:51 PM

Post# of 37346
Yes. Once the US Trustee completes his job and the ch 7 case is closed the shares will be deregistered. But until then the stocks can and will trade. They are known unofficially as "zombie stocks"...the walking dead!

The Trustees' job can take quite a while to complete. It could be a year...possibly less but its a slow process to unwind something like we have in this Sears case.






In faith there is enough light for those who want to believe.. and enough shadows to blind those who don't. ~ Blaise Pascal


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